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Btclong

Bitcoin Analysis Weekly Outlook and Breakout SetupIn this video, I analyze Bitcoin's intermediate bullish weekly close and the next steps we're looking for. I discuss the importance of price taking out sell-side liquidity and trading into the weekly Fair Value Gap (FVG), setting us up for potential long opportunities. The goal is to see Bitcoin break out of the current consolidation phase and continue its upward momentum. Tune in to get the key levels and insights for the next move!
Long
by SerenityEquity
BTC/USDT CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. The chart shows Bitcoin getting rejected at a key resistance level, as indicated by three rounded peaks. The third peak, marked as the most recent, shows another failure to break the descending resistance trendline. The red arrow indicates a potential bearish move, forecasting a decline in Bitcoin price towards the lower green trendline, which has been acting as a support level since June. This suggests a potential retest of support around the $50,000 – $52,000 level. After nearly touching $66,000, Bitcoin has pulled back and is currently trading around $64,487. The price appears to have been rejected near the resistance area, which aligns with a previous pattern of failure to break out. The yellow moving average line is sloping upwards, but the rejection at resistance suggests that the price may continue to struggle, which is in line with the bearish forecast in the short term. Do you want more information on potential price movements or further interpretation of this chart? Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Short
by CryptoSanders9563
BTCUSDT 1H RSI 85%, correction is needed to gain new momentumBTCUSDT 1H RSI 85%, correction is needed to gain new momentum BTC FINALLY BROKE THE RESISTANCE OF 65k, so now it sets its target at 69k. As always, the path is not usually direct and at this point, with the RSI showing signs of exhaustion, it is possible that BTC will look for the 64k corresponding to a 0.618% FIBO correction and which coincides with the base of the dynamic support of the current bullish channel. On the other hand, it could also be supported by the 65k which would now stop being resistance and become support. It is a matter of establishing clear patterns to develop an appropriate strategy. All these strategic alternatives can be configured with TradeX BoT, since it will allow positioning in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downwards or upwards, so that the orders are executed in one direction or another, taking the necessary deposits. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the development process and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Long
by DeuXfi
BTC/USDT 1DAY CHART UPDATE ! The white diagonal lines mark a clear downward resistance that Bitcoin has been respecting multiple times, indicated by the red circles. The price is again approaching this level, signaling a possible breakout attempt. The red line seems to be a moving average (possibly the 50-day), and it has been following the price action closely, potentially acting as dynamic support during upward moves. The green price path suggests a possible breakout from the current consolidation pattern. If Bitcoin can break the resistance and hold above, it might follow the projected path toward new highs, potentially around $78,000 based on the chart's projection. The yellow circles highlight previous rejection points, and the price is again near this level. If the pattern repeats, Bitcoin could face resistance around the $68,000 zone before continuing higher. Bitcoin is trading at $65,995.15 at the time of this chart, showing some bullish momentum. This chart suggests a possible bullish breakout scenario. Would you like insights on key indicators to confirm the breakout? Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Long
by CryptoSanders9563
Bitcoin's Final Push: Eyeing $67,700 Before Potential ReversalAlright everyone, let's dive into the chart. Bitcoin has pushed up and reached a resistance level at $66,225.00. Currently, it appears overextended, suggesting a potential reversal is on the horizon. However, I believe Bitcoin might have one more push up to the strong resistance level at $67,700.00. From that point, we could see a pullback, but for now, the charts indicate that BTC has one final small push left. Let's watch closely and see if it reaches that $67,700.00 resistance. And remember, if it breaks through that last resistance level, get ready for Lambo!
GEMINI:BTCUSDLong
by CryptocurrencyWatchGroup
#BTC Still follows my plan (BIG TIME FRAMES)#BTC BINANCE:BTCUSDT *** #BTC still in the correction channel since My Expectation from 22 July 2024 . *** #BTC did not reach 50% FIB level for expecting reversal. *** #BTC Whales holding the price in this range (50k --- 70K) to make their bags empty. *** #BTC Whales will drop the price again to ( 50%FIB & 60% FIB. levels ) to buy cheep again before going to 100K. *** #BTC Whales will never buy in 50K to have 1X only when reach 100K but they will buy in 30K to get 3X when the price reach 100K. *** #BTC may go 70K but still has to come back again to this range (45K--- 30K) and may be less than 30K. *** Think like whales not like a small fish in the market. *** #BTC plan here is for bigger time frames only and this plan may be take very long weeks. ******************************** This is my expectation for next weeks ************************** ****************( MAY BE I AM COMLETELY WRONG, PLEASE DO YOUR OWN PLANS ) ***************** BINANCE:BTCUSDT #bitcoin #BTC CRYPTOCAP:BTC #BTCUSDT #BTCUSD #BTCETH #ETH BINANCE:ETHUSDT #ETHUSDT #ETHBTC #ETHUSD #trade #trading #longterminvestment #Cryptotading #cryptoinvesting #investment ##trading #cryptocurrencytrading #bitcoininvestments #Investing_Coins #Investingcoins #Crypto_investing #Cryptoinvesting
Short
by Crypto_alphabit
4
BTC/USDT 1DAY CHART UPDATE !! The white lines on the chart appear to indicate resistance levels, connecting the recent highs over the past months. The price has struggled to break above these lines multiple times. The yellow circles mark significant points where the price approached or tested the upper resistance, but failed to sustain a breakout. These points often signal rejection from resistance levels. The price movement seems to form a descending triangle (a bearish continuation pattern), with a downsloping resistance line and a relatively flat support level, represented by the green trendline at the bottom. The latest candle shows a price of around $65,319, and it is testing the resistance line again. This could lead to a breakout if the resistance is overcome or another rejection if the pattern holds. Would you like more insights on potential scenarios or further technical analysis? Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
by CryptoSanders9563
BTC/USDT 1DAY CHART UPDATE !The chart uploaded for BTC/USDT on the 1D timeframe shows a crucial resistance level of around $64,000, as marked by the downward-sloping trendline. The chart indicates that Bitcoin has recently approached this resistance level again and is at risk of a pullback, similar to previous rejections from May and August (highlighted by the yellow circles). This trendline, combined with a bearish engulfing pattern, suggests that Bitcoin could soon face another correction, possibly dropping toward the $51,000-$52,000 support area, which aligns with the green trendline on the chart. The descending resistance trendline supports this short-term bearish outlook, with broad downward pressure visible on both the 1D and 4H charts. If a correction occurs, the $51,000-$52,000 range would be the key support area for a potential bounce or reversal. Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
by CryptoSanders9563
BTC/USDT 4HOUR CHART UPDATE !!The recent 4-hour BTC/USDT chart update shows that Bitcoin attempts to break the downward trendline resistance of around $64,000. However, the projection indicates a downward move, potentially pushing the price toward the support zone near $50,500, which aligns with the lower green trendline. This suggests that Bitcoin may face selling pressure after failing to break this resistance, which could lead to a broader correction. How does the price react to the $63,000-$64,000 range? A successful breakout could invalidate the downward projection, while failure to sustain above $64,000 could accelerate the decline toward the projected lower support levels. Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
by CryptoSanders9563
5
BITCOIN chart update !!1D timeframe: The daily chart shows a broad downward trendline forming resistance around $64,000. There is also a projection going downwards to the $51,000-$52,000 support area, which aligns with the green trendline on the chart. This suggests that after this resistance, Bitcoin could experience a more significant correction towards lower support levels. These are possible scenarios based on existing technical patterns. Markets can behave differently depending on macroeconomic factors and other events, so it is important to stay updated. Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
by CryptoSanders9563
2
BTC/USDT 1hour chart update !!The Bitcoin (BTC/USDT) chart shows price movement within an ascending channel, with the price currently facing resistance near the $64,000 level, as marked by the blue area. The following key details can be observed: Channel Pattern: The price is moving in an upward sloping channel, indicating bullish momentum. However, the price has recently touched the upper boundary and is now facing a pullback. The blue area around $63,900 to $64,000 is acting as a strong resistance level. The price has touched this area several times but has failed to break it. An arrow indicates a possible bearish move, suggesting that the price may retrace towards the lower trendline of the channel, around $61,000-$62,000. This would be a common behavior of price consolidation before retesting or breaking the resistance. A green curve shows a projected bullish reversal near $60,000, which aligns with the lower trendline support. This could provide a buying opportunity if the price tests this level. Summary: BTC is at a crucial point, facing strong resistance at $64,000. Rejection here could lead to a return towards the $60,000-$62,000 range. A bounce off the support could resume the bullish trend, but a break below would signal potential further declines. If you want more details or have specific questions about further updates, feel free to ask Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Long
by CryptoSanders9563
BTC/USDT 4HOUR CHART UPDATE !!The price has recently broken a key downtrend line, which could signal the end of the current bearish trend. Key support can be seen around the 60,000 USDT mark, with resistance levels closer to the 64,000 USDT region and further up near 74,000 USDT. The price hovers near the 200-period moving average, which could act as a dynamic support or resistance. Based on the green curve, there's an expected retracement, potentially pulling back before making another upward movement toward higher levels. The chart suggests bullish momentum might resume after a consolidation. Feel free to ask if you'd like more detailed breakdowns or specific targets based on these charts! Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Long
by CryptoSanders9563
BTC/USDT Technical Analysis Overview: BTC recently broke above a key resistance trendline after forming a higher low near the 52,000-53,000 USD range. It is currently trading at around 63,445 USD. The brown-shaded area on the chart highlights a zone between approximately 62,000 and 70,000 USD, which appears to be a significant resistance zone. The green trendline below seems to represent a long-term support level, from which BTC has rebounded multiple times. The yellow and purple moving averages on the chart suggest a short-term bullish momentum, with the shorter-term average trending upward and the price breaking above it. Downward Resistance Line: A previously descending resistance line was broken, indicating a potential bullish breakout. BTC appears to be entering a bullish continuation phase, attempting to push further into the resistance zone. If the price holds above the 62,000 USD level, it could target the upper end of the brown zone near 70,000 USD. Let me know if you'd like a more detailed technical analysis! Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Long
by CryptoSanders9563
If Bitcoin Breaks This Trendline, We Could See a Pump...We’re seeing a major downtrend line forming since July 29th. A breakout from this trendline could trigger a solid price pump. There are also reversion zones overhead that might get filled during the breakout. Reversion zones: 1st zone: 59.328 2nd zone: 61.624 👀 Reversion Zone is an area on the chart where the price often returns after deviating. Some zones will be covered by nearby candlesticks, while others may take more time. Also the zone may never be filled, be careful.
BITSTAMP:BTCUSDLong
by MagnumStrategy
2
Btc Long Scalping📊 BTC/USDT Analysis 🤑 Taking a deep dive into Bitcoin's latest price action, here's my latest chart with key support and resistance zones, trendlines, and potential entry/exit points. 🚀 Technical Overview: 🔹 Major Support: 🔹 Major Resistance: 🔹 Current Trend: 💡 Key Insights: Breakout Alert: Keep an eye on the resistance at , a breakout could signal a strong rally. Risk Management: Watch for support at to protect downside risk. Volume Trends: An increase in volume could support the next move, bullish or bearish. What do you think? Drop your thoughts below and let’s discuss potential scenarios for Bitcoin in the coming days! 👇 #BTCUSDT #CryptoAnalysis #Bitcoin
Long
by MINI_HORSE_TRADER
BTC/USDT Technical Analysis Overview:Current Range: BTC is trading within a significant horizontal range between approximately $52,000 (support) and $68,000-$72,000 (resistance). This range has been respected since March 2024, with several bounces between these levels. Descending Channel Breakout: Recently, BTC has broken out of a descending channel pattern (marked by the white lines). This breakout suggests a potential shift in momentum from bearish to bullish. If this breakout holds, BTC may see a continuation of upward movement. Around $54,000 (near the green trendline), which has acted as a strong support level throughout this range. The upper boundary of the range near $68,000-$72,000 remains the key level to watch for any potential breakout to the upside. If BTC continues to hold above the breakout level and gains momentum, the next major resistance will be the upper range boundary near $68,000-$72,000. A successful breakout above this level could potentially target higher levels around $76,000. If BTC fails to maintain the breakout and falls below the descending channel, we could see a retest of the lower support around $54,000. A break below this level would likely lead to a test of the lower range boundary around $52,000 or even lower levels. Momentum indicators like RSI or MACD were not included in the chart, but adding these could confirm the breakout's strength. BTC/USDT shows potential for further upside following the breakout from the descending channel, with key levels to watch at $68,000-$72,000 for resistance and $54,000 as immediate support. As long as BTC maintains above the breakout level, the bias remains bullish, but caution is warranted near the upper boundary of the range. Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
Long
by CryptoSanders9563
BTC/USDT Daily Analysis:Current Position: Bitcoin is trading around $58,227, moving within a descending trendline pattern but showing signs of upward momentum as it nears a key horizontal resistance zone between $60,000 and $65,000. The major resistance zone is the brown-shaded area between $60,000 and $65,000. A clear breakout above this zone is necessary for a bullish continuation. Immediate support is marked by the green descending trendline around $54,000. The next significant support zone is the green area between $43,000 and $46,000, which has historically provided a strong base. A breakout above the $65,000 resistance zone could lead to a continuation towards $70,000 and potentially higher levels. Positive momentum indicators would support this scenario. If Bitcoin fails to break above the current resistance and faces rejection, it may retest the descending trendline support around $54,000. A drop below this could see Bitcoin revisit the $46,000 support zone or lower. Bitcoin is approaching a critical resistance zone, and its ability to break through or face rejection will dictate the next significant move. Watch for a decisive move in either direction for confirmation of trend continuation or reversal. This analysis is for informational purposes and not financial advice. Stay vigilant with market updates and adjust trading strategies accordingly.
Long
by CryptoSanders9563
BlackCardCoin/USDT Daily Analysis:Trading near $0.814, testing the lower boundary of a descending channel. Immediate support is highlighted around $0.673 to $0.571. A bounce from this zone could initiate a bullish move. The upper boundary of the descending channel acts as resistance. A breakout above this channel is necessary for further upward momentum. A strong bounce from the support zone could lead to a breakout above the channel, targeting higher levels such as $8.890. Failure to hold the support zone could result in further downside, breaking below the key support at $0.571, which would invalidate the bullish outlook. Monitor for a breakout from the descending channel and maintain vigilance around the critical support levels. Disclaimer: This analysis is for informational purposes only and is not financial advice. Please consider market conditions and adjust your strategy accordingly.
Long
by CryptoSanders9563
BTC/USDT Weekly Update:!!The BTC/USDT weekly chart shows Bitcoin currently trading near $54,996, testing a descending trendline and a key horizontal resistance zone between $60,000 and $65,000. There is a significant support zone between $43,000 and $46,000, which Bitcoin has respected in the past. This zone could serve as a strong base for a potential bounce if tested. The highlighted resistance zone around $60,000 to $65,000 remains a critical area that Bitcoin needs to break above to confirm a bullish continuation. The green support zone between $43,000 and $46,000 is the immediate downside target if Bitcoin continues to face selling pressure. Below this level, the ascending trendline offers additional support around the $40,000 level. Potential Scenarios: If Bitcoin can hold above the $55,000 mark and push through the overhead resistance, we could see a rally towards the next psychological level of $70,000 and beyond. The upper arrow on the chart suggests optimism for a potential breakout. A failure to hold above current levels might lead to a retest of the lower support zones around $46,000, and potentially lower if market conditions worsen. A weekly close above $65,000 would provide a strong bullish signal, indicating a potential continuation toward all-time highs. Monitoring volume and momentum indicators like RSI and MACD on the weekly timeframe could provide early signals of a trend reversal or continuation. The presence of a descending triangle pattern indicates potential consolidation before a major move. Market sentiment will play a key role in dictating the direction of the next breakout. Broader market factors, including macroeconomic data and overall crypto market health, will influence BTC's price action. Traders should watch the key support levels closely and consider stop-loss placements just below the $43,000 zone to manage risk effectively. It's important to adjust positions based on Bitcoin's price action around these critical zones, especially near major support and resistance levels. This weekly update provides an overview of the key levels and potential scenarios for BTC/USDT. With Bitcoin currently at a crossroads near important resistance, market participants should closely monitor for breakout or breakdown signals in the coming weeks. Disclaimer: This is not financial advice. Stay updated with market movements and adjust your trading strategy accordingly. Keep an eye out for further updates and analysis. Thank you!
Long
by CryptoSanders9563
BTC Crash coming to 49k -> Buy the Dip for All time HighsBTC Trade Idea I expect BTC to hit the GETTEX:49K level, potentially dipping slightly lower as it fills a weekly Fair Value Gap (FVG). This zone will act as a key reversal point, where I anticipate a strong bounce and eventual rally back toward the all-time high (ATH). I’ll also show confluence with the XRP chart, which is presenting a similar bullish structure, reinforcing the idea of a market-wide reversal at these levels. Stay tuned for the full technical breakdown!
BITFINEX:BTCUSD
by SerenityEquity